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RESIDENT VEHICLE INCENTIVE PROGRAM (VIP) IN THE ANNUAL <br />AMOUNT OF $1,700,000, NOT TO EXCEED $8,500,000 OVER 5 YEARS AND <br />APPROVE RELATED APPROPRIATION ADJUSTMENT {STRATEGIC PLAN <br />NO. 3, 3C} - Community Development Agency <br />Legal Notice published in the Orange County Register on March 9, 2019. <br />Mayor Pulido opened the Hearing. The following spoke on the matter: <br />Peter, addressed City Council and opined program will be a benefit to the <br />community. <br />There were no other speakers and the Hearing closed. <br />Councilmember Penaloza, supportive of item. <br />Councilmember Solorio, directed staff to ensure verification of residency by <br />requiring supportive documents and to present guidelines component to City <br />Council. <br />Councilmember Penaloza, supportive of comments made by Councilmember <br />Solorio. Supportive of requiring utility bill and driver's license to verify residency. <br />Mayor, supportive of encouraging residents to purchase locally. <br />MOTION: <br />Conduct a Public Hearing required pursuant to California Government <br />Code 53083. <br />2. Authorize the City Manager and Clerk of the Council to execute an <br />agreement with Orange County Auto Dealers Association (OCADA) <br />comprised of: Audi South Coast, Crevier BMW, Crevier Mini, Freeway <br />Honda, Guaranty Chevrolet, Lincoln South Coast, Subaru Orange <br />Coast, Tom's Truck Center, Volkswagen South Coast, Volvo of Orange <br />County to establish the Resident Vehicle Incentive Program (VIP) for <br />the period of April 1, 2019 to March 31, 2021, with one 2 -year extension <br />option and one additional year option, for a total of $1,700,000 per year <br />of the agreement, for an amount not to exceed $8,500,000 over a five <br />year period, subject to non -substantive changes approved by the City <br />Manager and City Attorney. <br />3. Authorize $25,000 annually for the administration of the Resident VIP <br />program to be budgeted in the Sales Rebate account. <br />4. Approve an appropriation adjustment. (Requires five affirmative <br />votes). <br />APPROPRIATION ADJUSTMENT NO. 2019-105 - Allocating funds in the <br />amount of $440,000 from the General Non -Departmental Reserve for <br />CITY COUNCIL MINUTES 20 MARCH 19, 2019 <br />